Please Wait.....
Report
Inter Array Offshore Wind Cable Market Size - By Technology (11kV to 33kV, 34kV), By Conductor Material (Aluminum, Copper), 2024 - 2032
Market Report I 2024-04-05 I 200 Pages I Global Market Insights
Inter Array Offshore Wind Cable Market size is estimated to depict 41.4% CAGR between 2024 and 2032, led by the increasing adoption of offshore wind energy as a sustainable power source. Several government initiatives aimed at reducing carbon emissions are promoting renewable energy. As per data from the United States Environmental Protection Agency, in 2022, U.S. greenhouse gas emissions accounted for 6,343 million metric tons of Co2 equivalents.
This increasing rate of carbon emissions is encouraging the installation of wind turbines, thus escalating the product demand. The advancements in cable design and installation techniques are improving efficiency and reliability. The expansion of offshore wind projects, particularly in regions with favorable wind conditions is fueling the need for inter-array cables. The growing investments in offshore wind infrastructure and grid integration are also positively influencing the market growth.
The overall market is segregated into voltage rating, conductor material, and region.
Based on voltage rating, the inter-array offshore wind cable market from the 34kV-66kV segment is estimated to grow at significant rate between 2024 and 2032. The advancements in technology are enabling higher voltage transmission with reduced losses. The increasing turbine sizes and power output is necessitating the use of higher voltage cables to efficiently transmit electricity over longer distances. These cables also offer a balance between cost-effectiveness and performance, making it an attractive choice for inter-array cable installations in offshore wind farms.
In terms of conductor material, the copper segment is anticipated to account for commendable share of the inter-array offshore wind cable industry by 2032, driven by its superior conductivity, reliability, and corrosion resistance properties. Copper conductors ensure efficient power transmission and minimal energy loss over long distances, emerging essential for offshore wind farms. The durability and low maintenance requirements of copper further make it a preferred choice for inter-array cables, especially in harsh marine environments.
Europe inter-array offshore wind cable industry is estimated to expand at significant rate between 2024 and 2032. The ambitious renewable energy targets in the region are fostering extensive offshore wind farm development. The launch of favorable government policies and incentives is encouraging investments in offshore wind infrastructure. The advancements in cable design and installation techniques along with the growing need to upgrade and expand existing offshore wind projects to meet growing energy demands are boosting the regional market expansion.
Report Content
Chapter 1 Methodology & Scope
1.1 Market definitions
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid
1.4.2.2 Public
Chapter 2 Industry Insights
2.1 Industry ecosystem analysis
2.1.1 Vendor matrix
2.2 Regulatory landscape
2.3 Industry impact forces
2.3.1 Growth drivers
2.3.2 Industry pitfalls & challenges
2.4 Growth potential analysis
2.5 Porter's analysis
2.5.1 Bargaining power of suppliers
2.5.2 Bargaining power of buyers
2.5.3 Threat of new entrants
2.5.4 Threat of substitutes
2.6 PESTEL analysis
Chapter 3 Competitive landscape, 2023
3.1 Strategic outlook
3.2 Innovation & sustainability landscape
Chapter 4 Market Size and Forecast, By Voltage Rating, 2019 - 2032 (Km & USD Million)
4.1 Key trends
4.2 11kV-33kV
4.3 34kV-66kV
Chapter 5 Market Size and Forecast, By Conductor Material, 2019 - 2032 (Km & USD Million)
5.1 Key trends
5.2 Aluminum
5.3 Copper
Chapter 6 Market Size and Forecast, By Region, 2019 - 2032 (Km & USD Million)
6.1 Key trends
6.2 North America
6.2.1 U.S.
6.2.2 Canada
6.3 Europe
6.3.1 UK
6.3.2 Germany
6.3.3 Denmark
6.3.4 France
6.3.5 Netherlands
6.3.6 Belgium
6.4 Asia Pacific
6.4.1 China
6.4.2 Japan
6.4.3 South Korea
6.4.4 Vietnam
6.4.5 Taiwan
6.5 Rest of World
Chapter 7 Company Profiles
7.1 NEXANS
7.2 Prysmian Group
7.3 NKT A/S
7.4 ZTT
7.5 LS Cable & System Ltd.
7.6 Sumitomo Electric Industries, Ltd.
7.7 FURUKAWA ELECTRIC CO., LTD
7.8 TFK Group
7.9 Hellenic Cables
7.10 NSW Technology
7.11 LEONI
7.12 JDR Cable Systems Ltd.
7.13 Seaway7
7.14 Orient Cable
7.15 Hydro Group
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security